Hi,
So sold our house early December and bought at the end. Our buyers are chain free, our sellers are not. They took a while to find and we were obviously hoping they'd find somewhere with no onward chain, but their sellers have gone from saying they'll definitely rent so breaking the chain, to finding a house with an added chain, which takes the entire chain to 6. Not great.
A potential chink is that the end of the chain are actually going into a new build which isn't ready until mid spring and we all know how much we should rely on those 'ready to move into dates'
So we've gone from all wheels in motion and thinking we should be in by March to now maybe summer time! And that's assuming that our buyers don't get pissed off waiting and pull out and that our sellers sellers don't have issue with mortgage approval or surveys etc.
It's not the wait per se that's bothering me, but the fact that the more time goes on, the more likely our buyers will pull out and the whole chain collapses.
Should we just focus on finding somewhere chain free? We would lose money at this stage. About 1k I reckon.
I would feel bad for our sellers, but it's taken us so long to get to this stage, we desperately don't want to lose our buyers.
WWYD?
TIA
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Should we pull out? The ever extending chain....
14 replies
cappuccinoextrashot · 14/02/2020 08:57
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